Stocktoria
PROGRESS SOFTWARE CORP /MA PRGS
PROGRESS SOFTWARE CORP /MA (PRGS) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 0.06% (safety: safe). FY2025 revenue was $977.8M at a 7.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.59 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.167 |
| Retained earnings / assets | 0.052 |
| EBIT / assets | 0.062 |
| Equity / liabilities | 0.242 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| PRGS | PROGRESS SOFTWARE CORP /MA | 7/9 | -0.25 | 19.1 | +29.8% |
| GLBE | Global-E Online Ltd. | 6/9 | 3.12 | 90.4 | +27.8% |
| TTAN | ServiceTitan, Inc. | 6/9 | 5.85 | — | +24.5% |
| TENB | Tenable Holdings, Inc. | 5/9 | -1.62 | — | +11% |
| GTLB | Gitlab Inc. | 4/9 | 2.82 | — | +25.8% |
| APPF | APPFOLIO INC | 5/9 | 9.77 | 39.1 | +19.7% |
| ALRM | Alarm.com Holdings, Inc. | 2/9 | 3.8 | — | +7.6% |
About PROGRESS SOFTWARE CORP /MA
Progress Software Corporation provides software products that develops, deploys, and manages artificial intelligence (AI) powered applications and digital experiences in the United States and internationally. The company offers Agentic RAG, a next-generation Agentic Rag-as-a-Service platform; Automate MFT, a cloud-native Software-as-a-Service (SaaS) platform for automated and secure file transfers; Chef, a DevOps/DevSecOps automation software; Corticon, a decision automation platform; DataDirect, a secure data connectivity tools for Relational, NoSQL, Big Data, and SaaS data sources; Developer Tools, such as software development tooling collection, including NET and JavaScript UI components for web, desktop and mobile applications, AI-prompt components, reporting and report management tools, and automated testing and mocking tools; Flowmon, a AI-powered network security and visibility product with automated response across hybrid cloud ecosystems; and Kemp LoadMaster, an application delivery and security product for cloud-native, and virtual and hardware load balancers. It also provides MarkLogic, a data agility platform to connect data and metadata; MOVEit, a managed file transfer software; OpenEdge, an application development platform; Semaphore, a Semantic AI platform; ShareFile, an SaaS-native AI-powered document centric collaboration platform; Sitefinity, a digital experience platform foundation; and WhatsUp Gold, a network infrastructure monitoring software to find and fix network problems. The company offers project management, implementation, custom software development, programming, and other services, as well as web-enable applications, and training services. It sells its products to end users, independent software vendors, original equipment manufacturers, system integrators, value added resellers, and distributors. The company was founded in 1981 and is headquartered in Burlington, Massachusetts.
FAQ
Is PRGS financially healthy?
PROGRESS SOFTWARE CORP /MA's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does PRGS pay a dividend, and is it safe?
Yes. PROGRESS SOFTWARE CORP /MA pays a dividend yielding about 0.06% with a 1.1% payout ratio, rated “safe” for safety.
How profitable is PRGS?
In FY2025, PROGRESS SOFTWARE CORP /MA had a net margin of 7.5% and a return on equity of 15.3%.
Is PRGS overvalued or undervalued?
PROGRESS SOFTWARE CORP /MA trades at about 26.3× trailing earnings — below its 10-year norm (10-year range 23.5×–71.6×, median 32.9×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for PRGS?
The average Wall-Street price target for PROGRESS SOFTWARE CORP /MA is $50.83, about 16.6% above the recent price, from 6 analysts.
Is PRGS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on PROGRESS SOFTWARE CORP /MA: a Piotroski F-score of 7/9, an Altman Z″ in the distress zone, a P/E of about 19.1×, a dividend yield of 0.06%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-11-30. Facts plus Stocktoria's own computed scores — not investment advice.